$BAN Signal】Follow the trend to go long + 1H breakout pullback confirmation



$BAN The 1H timeframe has experienced a volume-driven rally and is currently in a strong consolidation at high levels, with the price tightly hugging above the EMA20(1H), which is a typical healthy pullback after a breakout. The 4H timeframe has formed a clear upward trend, with EMA20 and EMA50 in a bullish alignment. The current candlestick closes above the previous high, confirming the breakout is valid. Open interest remains stable, prices are firm, and the main force’s intention to support the market is obvious.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1180 - 0.1185 (Reason: The support zone of EMA20 on the 1H timeframe and the dense area of the previous hour’s low points)

🛑Stop Loss: 0.1160 (Reason: Falling below the recent 1H consolidation low and ATR lower band)

🚀Target 1: 0.1220 (Reason: The 1.382 Fibonacci extension of the previous rally)

🚀Target 2: 0.1250 (Reason: Psychological round number and previous high resistance zone on the daily chart)

🛡️Trade Management:

- Position size suggestion: Light position (Reason: The current RSI(1H) is already high; chasing longs requires risk control)

- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position to aim for Target 2. If the price pulls back and breaks below the moving stop, exit all positions.

Deep logic: The 4H timeframe shows continuous bullish candles with volume, indicating strong buying power. Although RSI on the 1H is high, there is no bearish divergence, which is characteristic of a strong market. Order book data shows sell orders accumulating around 0.1183, but buy orders below are thicker (dense orders in the 0.1180-0.1181 range), forming support. Open interest remains stable during the price rise, with no profit-taking declines, indicating strong bullish confidence. This is a typical trend continuation pattern; a pullback is an opportunity.

View real-time quotes 👇 $BAN

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